An overwhelming majority of climate scientists are convinced that today’s climate changes are caused by human activity, principally the burning of fossil fuels, which produces heat-trapping carbon dioxide. These fuels remain cheap due to generous subsidies.
While ground-based measurements show more heat radiation being emitted from the lower atmosphere, satellites confirm less heat radiation emitted into space. This causes a warming climate with acidifying oceans, which adversely affect coral reefs and sea life.
Removing carbon dioxide from the atmosphere would be monumentally expensive, and extensive reforestation is a very slow process. But we have non-carbon fuels including hydro, solar, wind and even nuclear power. So, how do we encourage moving away from fossil fuels?
A carbon fee and dividend (CFD) can provide an effective solution by raising the cost of carbon emissions. Energy producers would pay a fee on emitted carbon at the source, with collected fees paid out as equal monthly dividends to each household in the country. Fees would increase annually until emission goals are achieved. Border adjustments on imports would encourage other nations to apply similar measures.
For more information on CFD visit www.citizensclimatelobby.org.